Floyd County, Indiana: commercial real estate data.
Floyd County, Indiana had an estimated 81,931 residents on July 1, 2024, up 1.8 percent since the 2020 census base of 80,473, across 148 square miles. County output reached $4.26 bn in 2024, 1,926 establishments operate here, and the SBA record carries 78 7(a) approvals worth $43.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Floyd County
How many people live in Floyd County
- Population, American Community Survey 2020-202480,918
- Households31,916
- Average household size2.54
- Median household income$79,704
- Median age40.9
- Median gross rent$1,036 per month
- Median owner-occupied home value$251,000
- Home value to household income3.1 times
- Annual rent as a share of median income15.6 percent
- Adults 25 and over with a bachelor degree or higher32.9 percent
- Adults 25 and over with a graduate degree12.2 percent
- Adults 25 and over56,178
- Population under 1818,131
- Share under 1822.4 percent
- Population 65 and over14,283
- Share 65 and over17.7 percent
- Working age population, 18 to 6448,504
- Civilian labor force41,468
- Unemployment rate4.1 percent
- Labor force participation, adults 18 and over66.0 percent
- Rank by population among Indiana counties21st of 92
- Rank by population among US county-equivalents, Puerto Rico included720th of 3,222
Floyd County is the 21st largest of 92 Indiana counties by population. A median home costs 3.1 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 22.4 percent against 17.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Floyd County
Is Floyd County's population growing?
- Population, July 1, 202481,931
- Census 2020 base population80,473
- Population change since the 2020 census base1.81 percent
- Population change, 2023 to 20241,049
- Births, 2024745
- Deaths, 2024923
- Natural change, 2024-178
- Net domestic migration, 20241,121
- Net international migration, 2024116
- Total net migration, 20241,237
- Cumulative net domestic migration, 2021 to 20241,717
- Rank by growth among US county-equivalents1236th of 3,144
The county has grown 1.81 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Floyd County
Where are people moving to Floyd County from?
- Tax returns filed by households arriving2,771
- People arriving, from those returns4,913
- Tax returns filed by households leaving2,713
- Net household movement58
- Adjusted gross income arriving$163.0 m
- Net adjusted gross income movement$-40.7 m
- Average income of an arriving household$58,813
- Average income of a leaving household$75,087
- Largest single originClark County (1,009 households)
- Largest single destinationClark County (1,106 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Clark County | 1,009 | 1,785 | $53.1 m |
| Jefferson County | 575 | 967 | $40.0 m |
| Harrison County | 210 | 398 | $12.0 m |
| Washington County | 75 | 150 | $3.5 m |
| Scott County | 38 | 61 | $1.6 m |
| Marion County | 28 | 51 | $1.6 m |
| Crawford County | 26 | 45 | $614,000 |
| Bullitt County | 26 | 36 | $1.1 m |
Households arriving report $16,274 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Clark County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Floyd County
What is the Floyd County economy?
- County GDP, 2024$4.26 bn
- County GDP, 2023$3.99 bn
- GDP change, 2023 to 20246.8 percent
- GDP change over five years43.0 percent
- Rank by GDP among the Indiana areas BEA publishes25th of 92
- Rank by GDP among the US county areas BEA publishes778th of 3,127
- GDP per resident$52,607
Output grew 6.8 percent in the latest year and 43.0 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Floyd County
Employment by industry in Floyd County
- Covered employment, annual average32,405
- Establishments reporting2,062
- Average annual pay$55,503
- Average weekly wage$1,067
- Health care and social assistance, employment7,644
- Health care and social assistance, average annual pay$60,260
- Manufacturing, employment5,735
- Manufacturing, average annual pay$69,422
- Accommodation and food services, employment3,035
- Accommodation and food services, average annual pay$22,684
- Retail trade, employment2,969
- Retail trade, average annual pay$33,205
- Construction, employment2,109
- Administrative and support and waste management services, employment1,811
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 7,644 | 270 | $60,260 |
| Manufacturing | 5,735 | 128 | $69,422 |
| Accommodation and food services | 3,035 | 172 | $22,684 |
| Retail trade | 2,969 | 186 | $33,205 |
| Construction | 2,109 | 195 | $70,959 |
| Administrative and support and waste management services | 1,811 | 113 | $42,782 |
| Professional, scientific and technical services | 1,448 | 300 | $84,215 |
| Other services, except public administration | 944 | 154 | $39,971 |
Health care and social assistance is the largest private sector at 7,644 jobs, 23.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Floyd County
How many businesses are in Floyd County?
- Establishments, all industries1,926
- Employment at those establishments30,712
- Annual payroll$1.55 bn
- Establishments per 1,000 residents23.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Floyd County
Building permits in Floyd County
- Housing units authorized by permit, 2024297
- Declared construction value permitted$78.7 m
- Single family units authorized211
- Multifamily units authorized86
- Multifamily share of units29.0 percent
- Average declared value per unit$264,865
- Units authorized per 1,000 households9.3
Single-family homes are 71.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Floyd County
SBA loans in Floyd County (7(a) and 504)
- 7(a) approvals recorded78
- 7(a) gross approval dollars$43.4 m
- Average 7(a) approval$556,000
- Median 7(a) approval$185,850
- 10th percentile approval$25,000
- 90th percentile approval$1,579,710
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,157
- Jobs per approval14.8
- Distinct 7(a) lenders active24
- Distinct industries receiving approvals51
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer12.8 percent
- Loans on real estate terms10
- Loans on working capital terms, 120 months or shorter66
- Franchise loans11
- Franchise share of approvals14.1 percent
- 504 approvals recorded23
- 504 gross approval dollars$15.8 m
- Average 504 approval$688,870
- Median 504 approval$389,000
- Distinct CDCs active4
- 504 jobs per approval14.8
- 504 jobs per million dollars approved21.5
- Most active CDCPremier Capital Corporation (12)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$59.2 m
The average approval of $556,000 sits well above the median of $185,850, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 12.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Floyd County
SBA loan default and charge-off rates in Floyd County
Do SBA loans in Floyd County get paid back?
- Loans with a final outcome recorded11
- Paid in full11
- Charged off0
- Status: Exempt from disclosure56
- Status: Paid in full11
- Status: Cancelled8
- Status: Committed, not yet disbursed3
Only 11 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Floyd County
SBA lending by place in Floyd County
- Borrower cities with recorded lending5
- New Albany, approvals53
- Georgetown, approvals12
- Floyds Knobs, approvals11
- Greenville, approvals1
- Floyds Knob, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| New Albany | 53 | $33,606,700 |
| Georgetown | 12 | $6,854,500 |
| Floyds Knobs | 11 | $2,055,300 |
| Greenville | 1 | $809,600 |
| Floyds Knob | 1 | $41,900 |
New Albany accounts for 53 approvals against 12 in Georgetown. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Floyd County
How large is Floyd County?
- Land area148 sq mi
- Rank by land area among Indiana counties91st of 92
- Width, east to west14.8 mi
- Height, north to south16.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land547
- Establishments per square mile13.01
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Floyd County
Flood risk in Floyd County
- Participation of the county's own NFIP community Floyd County, unincorporated areasParticipating, community 180432
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Floyd County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Floyd County (community 180432), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Floyd County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Floyd County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Floyd County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202480,918
- Households31,916
- Average household size2.54
- Median household income$79,704
- Median age40.9
Common questions
Floyd County questions, answered from the record.
How many people live in Floyd County, Indiana?
The Census Bureau estimates 81,931 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 80,918, in 31,916 households, ranking 21st of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Floyd County's population growing?
The population has grown 1.81 percent since the 2020 census base of 80,473, to 81,931 on July 1, 2024. In 2024 there were 745 births against 923 deaths, with net migration of 1,237. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Floyd County?
$79,704. The median owner-occupied home is valued at $251,000, which is 3.1 times income, and median gross rent is $1,036 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Floyd County?
1,926 establishments, employing 30,712 people with an annual payroll of $1.55 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Floyd County?
Health care and social assistance is the largest private sector at 7,644 jobs, 23.6 percent of covered employment. Covered employment averages 32,405 jobs at an average annual pay of $55,503, or $1,067 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Floyd County?
78 7(a) approvals totaling $43.4 m since FY2020, across 24 lenders, with a median approval of $185,850, plus 23 504 approvals worth $15.8 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Floyd County?
297 housing units were authorized by permit in 2024, with a declared construction value of $78.7 m. Multifamily was 29.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Floyd County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Floyd County come from?
The largest single origin is Clark County, with 1,009 households. Arriving households report an average income of $58,813 against $75,087 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Floyd County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Floyd County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Floyd County
Cities and places in Floyd.
5 Census places lie wholly or partly in Floyd County. All 5 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| New Albany | city | 37,581 | 53 | Wholly in this county |
| Floyds Knobs | CDP | 4,515 | 11 | Wholly in this county |
| Georgetown | town | 3,800 | 12 | Wholly in this county |
| Greenville | town | 1,575 | 1 | Wholly in this county |
| Galena | CDP | 1,549 | None recorded | Wholly in this county |
A further 1 of the county's 78 SBA 7(a) approvals are to borrowers in cities that match no Census place in Floyd County, the largest being Floyds Knob (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby